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Automakers win extension on use of Chinese graphite in EV tax credits – ET Auto

Baua Electric

Treasury Department on Friday gave automakers additional flexibility on battery mineral requirements for electric vehicle tax credits on some crucial trace minerals from China, such as graphite. 1 restricting Chinese content in batteries eligible for EV tax credits of up to USD 7,500, which sharply cut the number of eligible vehicles.

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New tool shows which used EVs qualify for federal tax incentives

Teslarati

A new tool released by Recurrent Auto shows car buyers which used EVs qualify for federal tax incentives based on a simple VIN search. As electric vehicles have become ever-more popular in the United States, so has the market of used EVs. What do you think of the article? This eligibility tool makes it much easier.

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India considers incentives for lithium processing – ET Auto

Baua Electric

“The critical minerals policy will be comprehensive and will cover all aspects from exploration to mining to value addition,” one of the sources said. It would offer incentives to companies to set up lithium processing plants under a new critical minerals policy that was being worked out by the mines ministry, the sources said.

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Ola Cabs to exit international markets this month – ET Auto

Baua Electric

Ride-hailing major Ola Cabs is set to exit all of its existing international markets, namely the UK, Australia and New Zealand by the end of this month. The future of mobility is electric – not just in personal mobility, but also for the ride-hailing business and there is immense opportunity for expansion in India.

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Ineos drives towards hydrogen car future – ET Auto

Baua Electric

Hydrogen cars work thanks to the cleanest form of the gas combining with oxygen in a fuel cell to generate electricity. Hydrogen cars work thanks to the cleanest form of the gas combining with oxygen in a fuel cell to generate electricity. The only waste emitted is water vapour. Is the car “for tomorrow?

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Ola Cabs brings back Ankush Aggarwal to its ride-hailing biz – ET Auto

Baua Electric

He was previously involved with Ola Electric Mobility. Ankush — similar to his role at the electric vehicle maker — is expected to delve into several aspects of the business along with being made the chief executive of Ola Financial Services , the people said. He was the chief business officer at Ola Electric.

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Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates

EV Life

That’s why it’s no surprise that the high sticker price of many electric vehicles, particularly Tesla models, has long been one of the main deterrents for people looking to buy a new car, truck, or SUV. Tesla’s electric vehicles are by far the most popular EVs in the country. Which brings us to Tesla. Not anymore.